Covered Quiznos sign as flagship store shuttered. photo/bmm
DENVER – Quiznos issued a press release yesterday that declared Quiznos has successfully completed its financial restructure and has emerged from Chapter 11. But bankruptcy court documents show otherwise.
Escalator to Rick Schaden executive team headquarters
DENVER – Although Quiznos CEO Stuart Mathis assured concerned franchisees less than a month ago that the company didn’t expect any problems with its Chapter 11 bankruptcy, there is now a disturbing glitch in their plan.
Australia has been experiencing an explosion of failing small business operators including franchise systems. Here Jason Gehrke offers ten types of risks franchisees face when their franchisor becomes insolvent landing in administration.
The Gold Coast Titans face their biggest challenge since entering the National Rugby League in 2007. Next month the team’s property arm will face a bankruptcy application after the Federal Court allowed one its creditors to replace the Australian Tax Office as a new plaintiff against the $35 million debt laden group of companies.